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Network and cybersecurity concept
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Key enterprises could face penalties under federal bill to bolster cybersecurity

June 14, 2022 Jim Bronskill - THE CANADIAN PRESS

OTTAWA – Key enterprises in the banking, telecommunications and transportation industries would be among those required to bolster cybersecurity and report digital attacks – or possibly face penalties – under a federal bill introduced Tuesday. The legislation is intended to

IT engineer working on protecting a network
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A unified cybersecurity strategy is the key to protecting businesses

May 30, 2022 The Canadian Press

By Camelia Radu, Associate Professor in Accounting, Universite du Quebec a Montreal (UQAM) and Nadia Smaili, Professor in Accounting (forensic accounting), Universite du Quebec a Montreal (UQAM) – THE CONVERSATION This article was originally published on The Conversation, an independent

Email cybersecurity concept
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Investigation launched into email breach at N.L. fuel company North Atlantic

April 26, 2022 The Canadian Press

JOHN’S, N.L. – A fuel company in Newfoundland and Labrador is investigating after an employee’s email account was breached and information was downloaded from the account. A release from NARL Marketing, which operates the North Atlantic outlets across the province,

Concept of repelling a cyberattack
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Winners and losers in preventing cyberattacks

February 28, 2022 by Jason Contant

Canada’s financial services industry pushed back against cybercriminals last year, cutting in half the percentage of cyberattacks on the sector. The financial services industry (including insurance) has long been a top target for cybercriminals chasing high-reward payday. But that is

Shaking hands over a web security sunrise
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Cyber threats spur brokerages to seek tech partners

February 24, 2022 Greg Meckbach

Insurance – not computer security – is probably your core business as a broker. But with cyber threats on the rise, some brokers are seeking information-security partners to help them manage their commercial clients’ cyber risk. WTW has several relationships

Cybersecurity concept
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The biggest cyber threats for your small business client

January 26, 2022 by Jason Contant

Your small business clients have a significant susceptibility to spoofing and clickjacking cyberattacks, a new survey finds. Software-as-a-service (SaaS) cybersecurity company CyberCatch randomly sampled 1,850 small- and medium-sized businesses (SMBs) in Canada across 10 industry segments. Spoofing (84.3% of SMBs

Hacker in a hoodie concept
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Federal government investigating cyberattack amid tensions with Russia

January 25, 2022 The Canadian Press

OTTAWA – The federal government says the country’s cybersecurity agencies are investigating a recent attack against Global Affairs Canada. The government is not saying who it suspects was behind the Jan. 19 attack, which has left some diplomats without access

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Take steps to fend off ransomware attacks, federal ministers urge Canadians

December 6, 2021 by Jason Contant

OTTAWA – Citing a dramatic increase in ransomware attacks on organizations – including health providers and vital utilities – federal ministers are urging Canadians to bolster their cybersecurity. In an open letter Monday, the ministers encouraged people to adopt the

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Why D&O insurers need to focus on the ‘S’ in ESG

November 9, 2021 by Jason Contant

The ‘S’ pillar of environmental, social, and governance (ESG) practices should be an increasingly important area of focus for D&O insurers, a specialist insurance provider said recently. While ESG is clearly a hot topic, the environmental and governance pillars have

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Here are your security blindspots in the new hybrid workplace

October 5, 2021 by Jason Contant

The hybrid workplace increases your client’s cyber risk exposure, as cybercriminals have spotted new opportunities with a distributed workforce and are determined to exploit soft spots associated with remote work, HP suggests. According to the HP Wolf Security Blurred Lines

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7 in 10 Canadian organizations facing ransomware attacks paid demands: survey

October 5, 2021 Salmaan Farooqui - THE CANADIAN PRESS

Cybersecurity experts say a new poll that suggests nearly 70 per cent of Canadian organizations facing a ransomware attack last year paid the demands is evidence that such payments should be made illegal. Of the businesses surveyed, 17 per cent

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Is your IT team compromising security for business continuity?

September 13, 2021 by Jason Contant

A vast majority (91%) of IT teams surveyed across Canada and other countries felt pressure to compromise security for business continuity, admitting that security took a backseat to business continuity during the pandemic, a new report from HP Inc. reveals.